XRP (CRYPTO: XRP) is trading 55.2% below its one-year high, but historical data suggests that oversold conditions have often preceded recoveries.
XRP gained ground within 90 days in 12 of 17 past cases, a 70.6% recovery rate with a median gain of 9.1%, according to Bitrue’s Nov. 9 report shared with Benzinga.
The altcoin gained 48.5% and 40.3% following oversold readings in June and August, respectively.
XRP’s daily Relative Strength Index (RSI) has fallen below 35 on 18 occasions since 2023.
Currently trading near $1.10, XRP has a four-hour RSI of 24, signaling deeply oversold conditions, while an ADX of 47 indicates a strong downtrend.
Bitrue’s AI warned that the current setup could trigger either a sharp rebound or further losses.
What Must Happen Before XRP Recovers?
Bitrue found that XRP often consolidates before recovering, although 49.6% of similar cases saw further declines first.
XRP’s 20-day buy-to-sell volume ratio stands at just 0.45, signaling weak buying pressure.
Bitrue identified three recovery signals:
- Buying volume exceeds selling volume, pushing the ratio above 1.
- On-balance volume turns higher, signaling accumulation.
- XRP closes above $1.1803 with improving momentum.
During August’s recovery, the volume ratio exceeded two for nearly two weeks.
XRP Could Reclaim $1.48 Or Fall Below $1
Bitrue AI identified $1.0365–$1.1803 as XRP’s immediate trading range.
A confirmed breakout above $1.1803 could open the door to the $1.32–$1.48 resistance zone, where 46.9% of XRP’s 2026 trading volume occurred.
Conversely, a daily close below $1.0365, accompanied by strengthening bearish momentum, could expose the psychological $1 support level.
A deeper decline would put XRP’s 2026 low of $0.93 back in focus.
Image: Shutterstock
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